This last chapter of a book introduces ways of approaching economic problems by applying various quantitative techniques. It covers the structural equation model (SEM). Note that this is not a single method, but a framework that includes multiple methods. This method serves many purposes. It applies covariance analysis, for investigating joint variability, correlation analysis, for investigating statistical dependence, factor analysis, for investigating the ...
© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
T. C. NokeriEconometrics and Data Sciencehttps://doi.org/10.1007/978-1-4842-7434-7_1010. Economic Causal Analysis Applying Structural Equation Modeling
Tshepo Chris Nokeri1
(1)
Pretoria, South Africa
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